---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-055740"
form_type: "8-K"
ticker: "HDSN"
cik: "0000925528"
company_name: "HUDSON TECHNOLOGIES INC /NY"
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T03:47:25.786877+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Hudson Tech Q1 revenue $65.3M (-15% YoY); net income $9.6M ($0.20/diluted); guides FY revenue $250-265M

## Summary
- Revenue $65.3M vs $77.2M in Q1 2023 (-15%); gross margin 33% vs 39%.
- Net income $9.6M ($0.21 basic/$0.20 diluted) vs $15.5M ($0.34/$0.33) YoY; operating income $12.8M vs $22.7M.
- Sees FY 2024 revenue $250-265M if current refrigerant pricing persists; gross margin below 35% target.
- Current pricing may cause Hudson to not meet previously stated 2025 revenue and gross margin targets.
- EPA Refrigerant Management rule expected late summer; may mandate reclaimed refrigerant use, supporting long-term reclamation demand.

## SEC filing metadata
- accession: 0001104659-24-055740
- form_type: 8-K
- ticker: HDSN
- cik: 0000925528
- company_name: HUDSON TECHNOLOGIES INC /NY
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/925528/000110465924055740/0001104659-24-055740-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/925528/000110465924055740/tm2413102d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-055740
- JSON: https://secwatch.observer/filing/0001104659-24-055740.json
- Plain text: https://secwatch.observer/filing/0001104659-24-055740.txt

## Key facts
- Earnings Releases
  HUDSON TECHNOLOGIES INC /NY reported first quarter ended March 31, 2024 results: revenue $65.3 million, net income $9.6 million or $0.21 per basic and $0.20 per diluted share, EPS $0.20 per diluted share. Guidance lowered.
  - Period: first quarter ended March 31, 2024
  - Revenue: $65.3 million
  - Net income: $9.6 million or $0.21 per basic and $0.20 per diluted share
  - EPS: $0.20 per diluted share
  - Guidance: lowered
  - Result: reported results
  source text: For the quarter ended March 31, 2024, Hudson reported revenues of $65.3 million, a decrease of 15% compared to revenues of $77.2 million in the comparable 2023 period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/925528/000110465924055740/0001104659-24-055740-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.